BYD (BYDDY) Q3 profit jumps 28% on exports, but inventory balloons 60%
While BYD shipped over half a million vehicles internationally in three months, the company faces challenges including a shrinking cash pile and a year-to-date profit decline.
Key points
- Q3 net profit reached ¥10.02 billion
- Inventory increased by 60% since January
- Over 500,000 vehicles exported in three months
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